Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.
Nearly four in five (79%) believe they have used their 25% tax-free lump sum "wisely", the insurer found, with 25% stating they had used it to pay off existing debt. Further, just 16% have the funds...
Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.
In Newton’s latest DC column, Catherine Gill explores how master trusts can evolve their investment strategies against a changing backdrop
The occupational defined contribution (DC) market consolidated further in 2020 with the number of trust-based plans falling substantially during the year, latest data from The Pensions Regulator (TPR) reveals.
Auto-enrolment (AE) contributions must rise to 12% to put the UK on par with the rest of the Organisation for Economic Co-operation and Development (OECD) countries, The Investing and Saving Alliance (TISA) says.
PensionBee has announced its intention to float on the high growth segment of the main market of the London Stock Exchange (LSE).